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487 1/2 32 Road

Grand Junction, CO 81504
  • $440,000
  • STATUS: Active Under Contract
  • ON SITE: 52 Days
  • MLS #: 20230467
Under Contract
UPDATED: 35 min ago
$440,000
  • 8
    BEDS
  • 0.3
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 4,352
    SQFT
  • $101
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1982
County:

School Information

Elementary School:
Middle School:
High School:

Description

Fully leased fourplex in good condition! This property has long term tenants that want to stay in the property. The sellers have maintained all systems during their ownership. Gross Cap Rate is 8.9%. If you're sick of losing money in the stock market, put some cash into this investment property and see how your money can make you money!

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© 2023 Grand Junction MLS. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Christi Reece Group. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Christi Reece Group. Data last updated 2023-03-28T10:15:16.977 UTC.

www.christireece.com/homes/136698965
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487 1/2 32 Road Grand Junction, CO 81504

  • Price: $440,000
  • Status: Active Under Contract
  • On Site: 52 Days
  • Updated: 35 min ago
  • MLS #: 20230467
8
Beds
6
Baths
0
½ Baths
0.3
Acres
4,352
SQFT
$101
$/SQFT
1982
Built
Neighborhood:
Lenard Subdivision
County:
Mesa
Area:
Se Grand Junction
Elementary School:
Chatfield
Middle School:
Grand Mesa
High School:
Central
Property Description
Fully leased fourplex in good condition! This property has long term tenants that want to stay in the property. The sellers have maintained all systems during their ownership. Gross Cap Rate is 8.9%. If you're sick of losing money in the stock market, put some cash into this investment property and see how your money can make you money!
Exterior Features

Architectural Style TwostoryFourplex Construction Materials WoodsidingWoodframe Direction Faces North Exterior Features OtherShedSeeremarks Levels Two Lot Features None Lot Size Dimensions 76 X 170 Other Structures Sheds Parking Features Guest Patio And Porch Features None Road Frontage Type Shared Roof AsphaltComposition

Interior Features

Appliances DishwasherElectricovenElectricrangeRefrigerator Basement Crawlspace Cooling Evaporativecooling Cooling YN Yes Fireplace YN No Flooring CarpetLaminateLinoleum Heating Forcedair Heating YN Yes Interior Features None

Property Features

Accessibility Features None Association Amenities None Association Fee Includes None Association YN No Current Use Multifamily Elevation 4675 Land Lease YN No Property Sub Type Quadruplex Sewer Connected Tax Annual Amount 1522.32 Tax Year 2022 Water Source Public Zoning Description Multi-Family

Listing courtesy of Rebekah Scarrow of Re/Max 4000, Inc: 970-241-4000.
© 2023 Grand Junction MLS. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Christi Reece Group. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Christi Reece Group. Data last updated 2023-03-28T10:15:16.977 UTC.

 
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The Christi Reece Group
1601 Riverfront Dr, Ste 103
Grand Junction CO, 81501